Bianco, Yardeni say Treasury yields hitting 2002 highs are not a warning sign

Jim Bianco and Ed Yardeni, two closely followed Wall Street bond watchers, say Treasury yields hitting 2002 highs are not a warning sign, arguing rising borrowing costs reflect yields catching up with economic growth rather than a 'bond vigilante' buyers' strike over Washington's debt.

Detected & updated continuously · Source: Nebula